The Six Debates Over Macroeconomic Policy Exist Mostly Because

question 1

Multiple Choice

The six debates over macroeconomic policy exist mostly because

• A)economists disagree over basic issues such as the importance of saving for economic growth.
• B)there are tradeoffs and people disagree about the best way to deal with them.
• C)politicians offer misleading information.
• D)people fail to clearly see the benefits or the costs of most changes.

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Definitions:

Judicial Activism

A judicial philosophy that posits judges should use their power broadly to address societal wrongs and interpret the Constitution in the light of contemporary values and conditions.

Constitutional Adaptation

The process through which legal interpretations of the Constitution evolve over time to address new social, political, and technological realities.

Federal Judicial Selection

The process by which judges and justices are appointed to federal courts in the United States, typically involving nomination by the President and confirmation by the Senate.